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Date: 02-04-2011
Case Style: Charles Brahos v. Carey Chickeneo, Carl Ritz and Steve Goodman
Case Number:
Judge: Margaret Mullen
Court: Circuit Court, Lake County, Illinois
Plaintiff's Attorney:
Defendant's Attorney:
Description: Charles Brahos sued Carey Chickeneo, Carl Ritz and Steve Goodman on fraud theories. Plaintiff invested $800,000 in the North Shore Auto Group but claimed that Defendants operated the dealership, which sold Nissan, Volkswagen and Subaru vehicles, in such a way to hide his involvement and put his investment at risk.
The defenses asserted by Defendants are not available.
Outcome: Plaintiff's verdict for $1.54 million including return of his initial investment.
IN ADDITION TO THE COMPENSATORY DAMAGES, 800,000 OF PUNITIVE DAMAGES WERE AWARDED BY A JURY.
CHICKERNEO $500,000. CARL RITZ $100,000 AND STEVE GOODMAN $200,000.
Plaintiff's Experts:
Defendant's Experts:
Comments: